big moves today in the market, not so hot for tech
airlines (AAL, ALK, DAL, LUV) (american airlines, alaska airlines, delta airlines, southwest) all up huge
retail & sales (M, KSS, JWN) (macy's, kohl's, nordstrom) also up 7-9% across the board
oil recovery (XOM, CVX)
entertainment & hospitality (RCL, CCL, DIS, MGM, HLT) all up huge as well today
looks like we're pricing in a vaccine now, stimulus or not. GILD (gilead sciences) had remdesivir approved by the FDA as coronavirus treatment today.
will airlines recover? we just crossed 1 million passengers throughput for the first time since march just this week.
https://www.tsa.gov/coronavirus/passenger-throughput